Finally, closing day is almost here! Before you get the keys, you will need to bring money to cover closing costs and all other fees associated with the purchase. You will bring this amount to closing in the form of a certified payment type: wire transfer, certified check, or cashier’s checks. Wire transfers are usually […]
5 Things Buyers Need to Do Before Closing Day
Closing day is almost here! Before you sit down at the table and get the keys to your new home, there are a few things you need to get squared away. 1. Purchase Homeowners Insurance Unless you purchase your home with cash, you will need homeowners insurance. Lenders require you to buy an insurance policy […]
5 States Facing Low Housing Inventory in 2022
The American housing market was already struggling with low housing inventory before the pandemic hit in 2020. But labor shortages, an exodus out of the cities and into suburbs, and lower interest rates during the pandemic meant more buyers and even fewer homes. One report found a 23% drop in available homes in June 2021, […]
Buying a House Sight Unseen: Tips Based on Real-Life Experience
In an ultra-competitive market, buying a house sight unseen has become more common than ever. The pandemic caused a “great exodus,” with more people moving away from cities and into suburban homes to accommodate remote work and at-home schooling. In addition, mortgage interest rates are incredibly low, making homeownership within reach for many Americans. While […]
Buying Sight Unseen: How Agents Can Help Buyers Find the Perfect Home
As real estate agents, it’s challenging to help buyers find the perfect home, even in the best of circumstances. Throw in a pandemic, exceptionally low housing inventory, and an ultra-competitive market, and things get a little more complicated. More and more, we’re seeing buyers put in offers on properties without touring them first. With more […]
What You and Your Clients Should Know About the Market in 2014
According to a recent analysis by Money Magazine, the coming year can be a good one for both buyers and sellers (“Make More in 2014,” December, 2013). What should you be doing to prepare yourself and your clients and to assure that 2014 is, indeed, a very good year for everyone? Here are the trends […]